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Wood processing plants take over half of production abroad

Autor: Ioana David

17.12.2010, 00:05 18

Romanian wood exports annually go beyond one billion euros andare mainly operated by foreign players, most of them Austrians,which have invested hundreds of million euros on the domesticmarket and are now directing production to foreign destinationswhere prices are 5-10% higher, reads BUSINESS CONSTRUCT monthlymagazine in its next week edition.
At present, over 50% of production of large plants like Egger,Kronospan and Holzindustrie Schweighofer go abroad, but there arealso cases where the percentage gets as high as 90% of the total,like that of Prolemn Reghin.
By far, the most important export destination is Japan, whereannual deliveries reach 100m euros, with the Japanese using woodprocessed at the plants of Gerald Schweighofer.
In 2010, export destinations posted a good performance, but in 2011they may enter a less fortunate decade, as some industry playersestimate.
The biggest exports are those of unprocessed wood, reveals ananalysis based on National Statistics Institute data. Thus, in thefirst six months wood exports reached 305.8m euros, up 34% from ayear ago.

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